Intellectual and Digital Industrial Enterprise as a Way for Becoming the Industry’s Leader

DOI

10.2991/aebmr.k.210318.044How to use a DOI?

Keywords

Intellectual capital, innovative economy, industry leadership, intellectual rent, intellectual development, competitive advantage

Abstract

The economy of any modern state should ensure the intensification of intellectual processes in production, especially in industries. If the economic policy of the country is almost impossible to influence by economic entities, the management of intellectual development within the enterprise and at the micro level will allow to acquire significant competitive advantages. The stepped-up the use of intellectual capital at the level of economic entities will allow to launch innovative processes not only at the enterprise itself, but also will have an impact on the whole industry and even on territorial associations. The article discusses the relationship between the level of intellectual development of an enterprise and its situation in the industry. The purpose of the work is to determine the efficiency of production activities relative to industry average indicators through the use of intellectual capital. To achieve the goal, it is proposed to consider the relationship between intellectual capital value added and economic value added, to identify their dependence and to justify the possibility of comparison with industry average indicators of economic value added. The practical significance of the proposed approach will allow to assess the position of the enterprise in the industry by the volume of economic value added, taking into account the level of intellectual development of the company, and to develop recommendations on intellectual capital management in order to maximize value.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Andrey Zaytsev
AU  - Viktoriia Degtereva
AU  - Nikolay Dmitriev
PY  - 2021
DA  - 2021/03/18
TI  - Intellectual and Digital Industrial Enterprise as a Way for Becoming the Industry’s Leader
BT  - Proceedings of the 1st International Scientific Conference "Legal Regulation of the Digital Economy and Digital Relations: Problems and Prospects of Development" (LARDER 2020)
PB  - Atlantis Press
SP  - 268
EP  - 273
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210318.044
DO  - 10.2991/aebmr.k.210318.044
ID  - Zaytsev2021
ER  -